Nigeria’s net foreign exchange reserves reached $23.11 billion at the end of 2024, the highest in three years, showing a strong external financial position after a sharp recovery from previous years. The growth was attributed to reduced short-term liabilities, deliberate reforms, and increased non-oil forex inflows. Despite a dip in Q1 2025 due to debt interest payments, the Central Bank of Nigeria anticipates a steady climb in reserves driven by higher oil production and non-oil export earnings, with gross external reserves rising to $40.19 billion from $33.22 billion the previous year.
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Wafcon 2024: What we learned from tournament in Morocco
One potential income source for women's football includes improved broadcast deals and commercial contracts, as highlighted by players like Morocco’s Sakina Ouzraoui and Ghana’s Chantelle Boye-Hlorkah. The Royal Moroccan Football Federation is leading the way by financially supporting its women's league, aiming to enhance its visibility and profitability ahead of the 2026 Wafcon finals. Want More Context? 🔎
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